Troubled Satyam Computer Services, facing a liquidity challenge, may get financial support from the government, which is willing to consider 'all aspects' of helping the crisis-ridden company, Commerce and Industry Minister Kamal Nath has said.
Since it was a question of saving jobs and an international Indian brand, the government would consider all the proposals from the newly-constituted board, Nath said.
When asked whether the government could extend even financial help to Satyam, Nath said, "Of course. There are many jobs at stake and institutional stakes."
Addressing a press conference after the first meeting of the government-appointed board in Hyderabad on Monday, Deepak Parekh too said the liquidity issue would need immediate attention.
Nath said it was up to the board to come up with proposals.
Text: PTI
Image: Union Commerce and Industry Minister Kamal Nath. | Photograph: Dijeshwar Singh/ Saab Pictures
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